4830 E 88th St,Garfield Heights,OH,44125

Investment Highlights

Investment property for sale in Garfield Heights at 4830 E 88th St, Garfield Heights, OH, 44125 listed at $188,888 pairs $2,160/mo rent with a $925/mo payment to leave $917/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $11,004/yr on $62,616 cash to close. Return on cash invested measures 37.48% in year one, and rental yield registers 13.72% at a $188,888 basis. Equity gained on principal adds $1,219/yr, and annual property appreciation at 5% supports $52,186 by year five. Five-year ROI tracks 197.7% and total cumulative return in cash totals $123,791. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).